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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: valueminded who wrote (77034)3/29/2008 2:30:01 PM
From: mishedlo  Respond to of 116555
 
Although money supply may not be expanding, don't you think the recent moves by the FED - (Taking mortgage securities in exchange for treasury bills and cash from investment banks not just commercial banks) is essentially slowing down the credit contraction.

Of course
It if helping prevent a complete sudden collapse
Instead we will have a slow drawn out collapse like Japan

Mish